 "Donald Trump")
TikTok owner Byte-Dance plans to invest billions of dollars and recruit hundreds of employees in Singapore after opting to base its Southeast Asia regional headquarters there, said a person in the know.
ByteDance has also stepped up the purchase of servers in global trade and transport hub Singapore to back up US data as a contingency, the source said, adding that it began the three-year plan in 2019.
The Chinese firm is being forced by American President Donald Trump to sell TikTok’s US assets to avoid a ban there. Trump on Thursday night stressed that he won’t extend his September 15 deadline
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